Euler equation

Forums Questions on specific programs Euler equation

This topic contains 1 reply, has 2 voices, and was last updated by Fabian Kindermann January 12, 2021 at 5:10 pm.

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  • #1906

    helena b
    User

    Dear Fabian and Hans,
    I was wondering about the following: In the rootfinding program, there is no option to set bounds. How is it then possible to ensure that it only searches in areas where consumption is positive? I am encountering cases in which a_plus is such that consumption is negative, hence marginal utility is NaN, hence the root cannot be found.
    Am I missing something here?
    Thanks a lot for your help and the great book.
    Best,
    Helena

    #1907

    Fabian Kindermann
    Moderator

    Dear Helena,

    thanks for this excellent question. We had a similar discussion last year with Nils, see here.

    Hope this helps. Tell me, if you’ve got more questions.

    Best,
    Fabian

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